Wholesale / Distribution Compensation & Benefits Benchmarking Report 2012 Wholesale / Distribution Benchmarking Report | Page 7
2012
2
?
16.7% of compan
%
nies have made changes to their co mmission st
tructure, effe
ective in 2011;
and 26.7% have made chang to their bonus struct
2
ges
b
ture over the past year.
e
?
The range of ann
r
nual employe salary inc
ee
creases rem
mained rough the same from 2011 t
hly
e
to
2012 (anticipated Last year range of annual incre
d).
r’s
a
ease was 2.5
59% to 4.43% while it’s
%.;
s
antici
ipated that raises this ye will range from 2.46% to 4.40%. 4 companies gave no
ear
e
%
increases in 2011 and 2 com
1,
mpanies anticipate giving no increas in 2012.
g
ses
?
Of the participatin companie 100% off health ins
e
ng
es,
fer
surance,100 offer group life
0%
insurance, 93% offer 401(k), 70% offer disability insu
o
d
urance, 80% offer denta plans, and 50%
%
al
offer cafeteria pla / Section 125 plans to their emp
ans
n
ployees.
?
Addit
tional benefits for employees include the numbe of weeks o vacation t
e
er
of
they receive
based on years of service to the compan
o
ny:
<1
Year
2-5
Years
6-9
Years
10-14
4
Years
s
9
15-19
Year
rs
Officers
2.3
3.0
3.2
3.6
3.9
Outside
Sale
es
1.5
2.2
2.7
3.2
3.4
Sala
aried
Prof
fessionals
1.4
2.3
2.9
3.4
3.7
Hou
urly
1.1
2.2
2.7
3.3
3.5
?
The average num
a
mber of paid holidays companies ext
tend to emp
ployees is 7.5 days annu
5
ually.
?
80% of the comp
panies offer mileage reim
m
mbursement to their emp
ployees at an average ra of
n
ate
$0.50 per mile. 40% of the co
0
ompanies of a car allo
ffer
owance, ave
eraging $636 / month. In
6
n
addition, 33% of the companies offer com
mpany cars / leased veh
hicles to their employees
s
?
Gross premiums for health in
s
nsurance hav escalated over the pa few year Of our
ve
d
ast
rs.
respo
ondents with more than 50 employee 50% exp
h
es,
perienced ch
hanges in 20 and 55%
011
%
experienced chan
nges in 2012 Of the res
2.
spondents w less than 50 employees, 40%
with
n
experienced chan
nges in 2011 and 30% in 2012.
1,
o.,
SI
© Barnes Dennig & Co Ltd. and US Insurance
p
page 4